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Alisiya [41]
2 years ago
5

How does Maslow hierarchy of need help marketers to create various marketing strategies. Explain your answer with examples.

Business
1 answer:
Keith_Richards [23]2 years ago
7 0

The Maslow hierarchy of need helps marketers to create various marketing strategies because its already provides a way of evaluating the customers' motivations beyond what raw data will give.

<h3>What is the Maslow hierarchy of need?</h3>

The psychological theory established the motivation theory that models the 5 categories of human needs that helps to dictate an individual's behaviour.

The needs of human according to the Maslow Hierarchy includes Self-actualization, Esteem need, love and belonging need, safety need and physiological needs.

Read more about Maslow hierarchy

<em>brainly.com/question/19040822</em>

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Suppose the economy is in a liquidity trap. True or false. A monetary contraction will not have any effect on the nominal intere
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Answer:

False

Explanation:

When a country is in a liquidity trap , monetary policy both contractionary and expansionary would have an effect on interest rate

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3 years ago
Unique corp. had 50,000 shares of $5 preferred stock, $100 par, and 100,000 shares of $1 par common stock outstanding throughout
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3 years ago
According to Walter Shewhart:_______
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Answer:

c) the mean, upper control limit, lower control limit and warning lines that are two sigma from the mean are indicated by horizontal lines in the control chart.

Explanation:

Walter Shewhart is regarded as an important personality in the history of quality management. He asserted that the behavior of real processes had the tendency to change as time changed and it was not the behaviur of theoretical random distributions.

Walter Shewhart posited that causes of variation could be divided into two which are chance cause and assignable cause. He maintained that chance causes could be ignored if they did not cause too much variation, and any attempt to eliminate them usually made the problem worse. He however posited that it was possible to fix assignable causes.

Walter Shewhart invented control chart in order to differentiate between variations caused by random events and trends that indicated assignable causes. There is time and a plot of sample measurements on the bottom axis of a control chart. The mean, upper control limit, lower control limit, and warning lines that are two sigma from the mean are indicated by horizontal lines.

Based on the above explanatio, the correct option is c) the mean, upper control limit, lower control limit and warning lines that are two sigma from the mean are indicated by horizontal lines in the control chart.

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3 years ago
Where is Moisturizing Black soap shampoo is currently positioned in the product life cycle.
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If the Moisturizing Black soap shampoo is currently positioned in the product life cycle the stage is called <span>Maturity

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3 years ago
The Adapting to Change box reflects upon the use of Twitter and other social media sources to measure customer satisfaction. GM
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The main objective of the control process in the management is that it helps in achieving the organizational goals and handle all the activities of the business such as production and the packaging process.

 According to the given question, the control process of the management basically helps in monitoring the various types of performance of the products in an organization and also checking the errors for the purpose of resolving them.  

 Therefore, Control process is the correct answer.  

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3 years ago
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